The global economy is facing a threat of a spiraling protectionist measures that can lead to a devastating crisis, Vladimir Putin warned. Nations must find a way to prevent this and establish rules on how the economy should work.
The Russian president spoke out against the growing trend of using unilateral restrictions to achieve economic advantage, as he addressed guests of the St. Petersburg International Economic Forum (SPIEF) on Friday.
The system of multilateral cooperation, which took years to build, is no longer allowed to evolve. It is being broken in a very crude way. Breaking the rules is becoming the new rule, he said. The ability to impose sanctions arbitrarily and with no control fosters a temptation to use such restrictive tools again and again, right and left, in every case, regardless of political loyalty, talks about solidarity, past agreements and long cooperation, he said.
https://www.rt.com/businessVery interesting. Putin is outraged that he is not given the opportunity to rob and kill the inhabitants of neighboring states with impunity? He is not allowed to engage in "achieving economic advantages" by military invasion of Georgia, Moldova, Ukraine, which once belonged to the USSR. and now declared their independence? This stupid and irresponsible policy of Putin inevitably leads Russia to an economic and political collapse. Inevitably, it will inevitably have to pay and pay for all the evil, apparently, the people of Russia, who are now mostly silent, will have to pay.
I happen to read some articles describing the real face of Putin behind what the man is trying to show to the mainstream media which can easily be mesmerized by a charming and intelligent leader like him. There is something sinister with the man but because he is effective for now in managing the country the people of Russia continue to admire and support him. People and countries who have the "strongman" tendency are all praising Putin and his policies but the time will come when the truths will be revealed.
However, we have to give to the man that he can also pronounce honest, frank and even futuristic statements reflective of the current situations around the world. Well, as what I am saying he is quite intelligent. As to the coming crisis, I think we are also sensing it now and it does not have to take a Putin for us to see this emerging development.